Dive into our Finance section for savvy tips, insightful articles, and the latest trends in money management. Whether you’re budgeting, investing, or seeking financial freedom, we’ve got the tools and advice you need to thrive in Nairobi’s dynamic economy. Empower your financial journey with us!
Fuliza loan is a loan product offered by Safaricom, a leading mobile network operator in Kenya. It is designed to help Safaricom’s customers bridge the gap between their mobile money balance and the amount of money they need to complete a transaction. Essentially, Fuliza allows customers to complete a transaction even if they do not … Read more
Equity Bank offers an Equiloan of loan options for salaried employees, including personal loans, salary advance loans, and check-off loans. These loans are designed to help employees meet their financial needs, whether it be for emergency expenses, home improvements, education, or other purposes. Personal loans are unsecured loans that do not require collateral and are … Read more
An Equity Personal Check-Off Loan is a type of loan that allows a borrower to access funds based on the equity they have in their personal assets. This type of loan is typically offered by banks or financial institutions and can be used for a variety of purposes, such as consolidating debt, financing home improvements, … Read more
KCB Bank personal check-off loan is a service offered by KCB Bank to enable customers to make loan repayments through their employers. Under this service, borrowers can authorize their employers to deduct loan repayments from their salaries and remit the amount to KCB Bank on their behalf. This service is particularly useful for borrowers who … Read more
A reverse mortgage is a type of home loan that allows homeowners who are aged 62 years or older to access the equity in their home without having to sell their property or make monthly mortgage payments. Instead, the lender makes payments to the borrower, either in a lump sum or as a line of … Read more
A mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically in a series of regular payments divided into principal and interest. The property is collateral to secure the loan. It is advisable to have … Read more
A mortgage is a loan. It is a loan offered by banks and other financial institutions to homebuyers. The property is used as collateral for the loan. To get started, most banks will require a down payment of 20% of the value of the property. An advantage of taking a mortgage is that you own … Read more
A mortgage lender is a financial institution that provides home loans to borrowers. They specialize in offering various types of mortgages, such as fixed-rate mortgages, adjustable-rate mortgages, and government-backed loans, such as FHA and VA loans. When you apply for a mortgage, the lender will review your credit history, income, debt-to-income ratio, and other financial … Read more
M-PESA Mshwari is a mobile banking service offered by Safaricom, a telecommunications company in Kenya. Mshwari allows users to save and borrow money, and access other financial services using their mobile phones (M-PESA Mshwari Loan). The service is available to Safaricom subscribers and is accessed through the M-PESA menu on their mobile phones. M-Shwari was … Read more
Logbook loans are a type of secured loan that uses a borrower’s vehicle as collateral. To obtain a logbook loan, a borrower must provide the lender with the vehicle’s logbook, which contains important information such as the owner’s name, address, and vehicle registration details. The lender will typically assess the value of the vehicle and … Read more
HF Whizz Loan App is a Housing Finance Corporation product and a stable HFC mobile loan provider in Kenya. They developed the app to make customers’ banking experience appealing by eliminating long transaction processes. The app allows customers to pay bills, purchase items, and airtime in a ‘Whiz.’ For this reason, it was named the … Read more
The Timiza loan app is an Absa Bank product that offers mobile loans to Kenyans. Timiza’s goal is “to provide a simple and convenient means of accessing credit for the masses.” The Timiza loan app offers various benefits, such as instant approvals, low-interest rates, quick repayments, convenience through mobile phone apps, and manageable repayment methods. … Read more
Microfinance Institutions offer small (micro) loans to customers who can not access conventional financial aid from banks. The nature and functioning of these institutions vary depending on the purpose and targeted groups. Some institutions are based on gender and strictly offer microfinancing services. Although they are an alternative to banks, some operate as extensions of … Read more
Timiza Loan App is one of the Trending Smart Emergency Mobile Loan Apps in Kenya that gives out instant Quick Loans to Kenyans via Mpesa. Timiza is a loan app that is offered by Absa Bank. It is designed to provide instant loans to customers who meet certain eligibility criteria. The Timiza loan app is … Read more
Nano Cash Loan App is one of Kenya’s leading smart emergency mobile loan apps, offering instant loans directly to your M-Pesa account. This app has gained immense popularity for its quick disbursement process and user-friendly interface. With Nano Cash, users can access personal loans starting from as low as Ksh 3,000 to a maximum of … Read more
Gogo Pesa Loan App is a financial platform in Tanzania that provides users with convenient mobile money services. These include sending and receiving money, paying bills, and accessing financial services directly from a mobile phone. While the app offers extensive money management tools, it is not primarily a loan provider. Instead, third-party lenders may use … Read more